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Survey: Executives Optimistic Despite Financial Disruption, PrioritizingTechnology Adoption to Combat Talent Shortage As we near the halfway mark of 2023, the overwhelming theme throughout the year has been uncertainty. Not that technology is seen as a panacea — talent is still a worry.
Although there is clear recognition that the role of the financial controller is in flux, and despite the adoption of data insights and artificial intelligence, the finance professionals need more support to fully harness the power of emerging technologies. Get future ready. Become a confident controller.
Technology is reshaping private equity (PE) by enabling portfolio companies to achieve operational efficiency, revenue growth, and higher valuations. The technology function is now emerging as an indispensable partner in driving sustainable value creation and competitive advantage.
Now Watch the Complete Episode Featuring Kevin Ingram of FM KevinIngram explains how FMs mutual structure lets finance prioritize longterm resilience over quarterly optics. He details a decadelong push that secured an S&P upgrade to AAminus, powered by surplus rising from$12billion to$26billion while exposures lagged.
Finance leaders are prioritizing efficiency and digital transformation, yet many hesitate to automate due to uncertainty. Without a clear understanding of its impact, organizations risk falling behind competitors who are leveraging technology to drive productivity and cost savings.
5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury. 5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury.
Lori Schwartz : We are looking at ways to harness the power of such technology to simplify and make our internal processes more efficient. Overall, there is enormous potential with technology and how creatively we deploy efforts in a targeted manner. Schwartz : A big misunderstanding is that innovation is only about technology.
The survey showed the most CFOs since 2014 prioritizing enterprise growth," says Dennis Gannon , vice president of research in the Gartner Finance Practice. The marked return of growth and cost pressures mean that many CFOs are planning to be ruthless in delegating finance transformation."
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
They’ll also reveal 3 key focus areas community banks should factor into their efforts to develop targeted products for these highly sought after demographics, including: Customer Experience 🤝 Banks that prioritize customer experience grow 3.2x faster than their competitors.
A companys GTM strategy, if effective and coupled with innovative technology, can make a significant impact. Nearly every technology within an organization relies on a stable and efficient network, whether for mobile devices, computers, or critical business operations. Now, I believe there is no more important activity.
As stewards of financial data, CFOs must prioritize cybersecurity measures to ensure the security of sensitive information and maintain client trust. This includes deploying cutting-edge encryption technologies such as Advanced Encryption Standard (AES) and Transport Layer Security (TLS) to secure data both in transit and at rest.
Welcome to the January 2025 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors! FINNY AI, an AI-powered prospecting tool, has raised $4.2
Prioritizing People in Manufacturing – Why it Matters? Asking how well are technology and the plant environment being used to communicate and reinforce messages? The post Prioritizing People in Manufacturing appeared first on vcfo. As the saying goes in manufacturing, “if you don’t have the people, you don’t have the products.”
Technology has rendered the rules 1 and 2 obsolete: Parents know exactly where their kids are to within a few feet, courtesy of the tracking apps on their phones. Dinner was the same time every day, and if you were late, there was gonna be hell to pay for it. Texting lets them know precisely when they are coming home.
PYMNTS researchers have identified the restaurants leading the remote ordering game in our Mobile Order-Ahead Tracker , where you can learn which restaurants are the top 10 mobile order-ahead providers and what services and technologies they use to lead the pack. Healthier And More Indulgent.
Banks continue to invest in technologies and processes designed to ensure adherence to regulations, safeguarding their operations and fortifying customer trust. For instance, Citibank has embraced blockchain technology for cross-border payments, significantly reducing transaction times and costs.
There is an amazing correlation of data and prioritization, which saves a lot of time for the security practitioner from alert fatigue and reduces false positives, he adds. According to Bues, the cloud-native applications market is gravitating toward platforms that provide security, integration, and compliance benefits all in one place.
The E78 PMI (Post-merger integration) practice specializes in helping clients overcome the intricate people, process, and technology challenges that accompany mergers and acquisitions. Prioritize areas where possible via the integration process.
Whether through guiding a company through periods of expansion or navigating complex challenges, I am motivated by the potential to make a significant impact. Additionally, I plan to stay engaged in continuous learning, ensuring I remain adaptable and well-versed in the latest business trends and technologies.
Security and Compliance: As companies migrate to the cloud, they can rely on their cloud ERP provider to prioritize data security and regulatory compliance. SAP’s Business Technology Platform (BTP) is bundled with SAP S/4HANA Cloud, Public Edition, and offers tools to extend functionality and integrate with other SAP and non-SAP systems.
Let’s start with this: Gas de Cameroon is recognized for its use of advanced extraction technologies, which offer significant operational advantages but often come with substantial upfront costs. While financial performance is critical, we also prioritize community development, environmental stewardship, and local economic support.
Prioritize Risks Effectively Using a simple four-box model that categorizes risks based on likelihood and impact, businesses can focus on high-priority risks that need immediate attention. BPs failure to enforce safety protocols and prioritize risk management led to one of the most devastating environmental disasters in history.
Working in concert with the chief information security officer, the CFO can “better understand the probability and exposure to risk, set metrics on spending and ROI, and communicate recommendations for prioritizing cybersecurity spending,” they wrote. You can unsubscribe at anytime. All copyright resides with them. TechTarget, Inc.s
It remains uncertain whether Prabowo will prioritize this project. A Country Of Superlatives Joel Shen, a lawyer based in Jakarta and Singapore, who heads Withersworldwides technology practice in Asia, boasts that Indonesia is a country of superlatives and is an attractive investment destination with a number of very clear advantages.
Technology witnessed increased investment in cybersecurity and AI-driven solutions, aligning with Bain’s projection that tech-driven transformation will be a core PE focus moving forward. Download the 2024 E78 Private Equity Mid-Market Report [here] for insights that will help you prioritize key opportunities.
Embracing Technological Innovations for Enhanced Communication In today’s digital age, technological advancements have revolutionized board communication. Leverage Technology: Utilize digital tools for real-time data sharing and interaction. This ensures stakeholders remain informed and engaged.
Family offices are adopting innovative operational models, empowering next-generation leadership, and prioritizing risk management to safeguard their legacy and drive sustainable growth.
His fascination with technology eventually led him to KPMG’s technology, media, and telecommunications (TMT) group in the UK, where he developed a reputation for his work with IT service companies and tech firms. “My advice to aspiring CFOs is to always prioritize teamwork and empowering your people.
A Green Dimension Everywhere Aside from boosting climate finance generally, Gvindadze would like to see COP29 prioritize Article 6—carbon trading—as well as areas that align with the EBRD’s activities. There is now almost no project that we sign or initiate that doesn’t have a climate change dimension,” he notes.
Prioritizing these areas isnt just smartits essential to thrive in an increasingly competitive environment. LPs are increasingly prioritizing Multiple of Invested Capital (MOIC) alongside internal rate of return (IRR). years, the longest since 2005 ( McKinsey & Company ). years, the longest since 2005 ( McKinsey & Company ).
Most Innovative Financial Technology Company in Asia-Pacific | KASIKORN BUSINESS-TECHNOLOGY GROUP A depository institution’s core banking system is its backbone—the back-end information-technology system that processes daily banking transactions and updates financial accounts and records.
Technology witnessed increased investment in cybersecurity and AI-driven solutions, aligning with Bain’s projection that tech-driven transformation will be a core PE focus moving forward. Download the 2024 E78 Private Equity Mid-Market Report [here] for insights that will help you prioritize key opportunities.
Firms that prioritize this from the outset build more resilient, scalable operations. Key initiatives include: Technology Expense Management: Sponsors identify and reduce unnecessary spend across legacy platforms, overlapping software, and unmanaged IT contracts. Margin expansion creates the path to those results.
A government report found that airplanes have a number of digital technologies that might become susceptible to hackers and says American regulators have not put sufficient methods in place to contend with the risk, Bloomberg reported. The Government Accountability Office (GAO) noted in a report Friday (Oct.
The agricultural sector has been transformed, with several programs implemented to boost trade and provide farmers with access to essential technology, supplies and funding. Manufacturing has seen a significant boost, contributing over $55 billion to the economy in 2023.
This provides a powerful example of turning technology cost centers into value creation levers — quickly and sustainably. If you’re exploring where to prioritize next, we’re ready when you are. This case study shows how one PE-backed company uncovered $6.2M in savings by moving beyond surface-level oversight.
Financial firms in New York, including JPMorgan Chase and Goldman Sachs, are redesigning offices to prioritize collaboration over individual desks. Ultimately, the corporate headquarters will become a flexible network shaped by evolving work cultures and technology.
Today, we are starting with microservices, which is explored in the report in conjunction with hybrid working and cloud technology. There is no single definition of microservices, however they are widely considered to include the following: Processes that operate over a network using technology agnostic protocols such as HTTP.
Technology is no longer a support functionits a strategic growth lever. For private equity sponsors, the firms driving outsized returns in todays market are those transforming technology assets into engines of EBITDA growth and enterprise value creation. Three Technology Levers That Move the Needle 1. The laggards?
Prioritize Evaluations: Use technology to expedite credit assessments and prioritize applications that are vital for sales, ensuring quick turnaround and minimal delays. Prompt Responses: Respond quickly to sales inquiries and ensure your team does the same. Flexible Judgement: Apply sound judgment when rules seem too rigid.
In this case SWIFT it may not be necessary, because it will be a different kind of technological interaction,” Skorobogatova said during a virtual meeting, per RT.com. She added, however, that SWIFT could end up being the platform used by different countries for their national digital currencies, the report stated.
With more C-suite, investor and board-level focus on AI and bigger budgets supporting the efforts, technology leaders are under pressure to get the formula right, from picking a scalable, beneficial use case to tracking its success post-deployment. You can unsubscribe at anytime.
It’s time for a better approach—one that transforms how organizations manage technology spend from a reactive process to a proactive value creation lever. It’s a fully interactive, AI-powered command center for managing your technology expenses. lies in how it blends technology with expert insight. The result?
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